Tobacco Earns K159 bn in 13 Weeks: The country has earned US$219 million, roughly K159 billion, from tobacco sales, the main cash crop, in thirteen weeks, a Tobacco Control Commission (TCC) official has confirmed.
Southern region manager Willard Singo told Zodiak the money has been realized after selling over 126 million kilograms of the green gold in all five tobacco auction flours across Malawi.
“We are impressed with how the market is progressing in spite of few challenges, but this year we have seen a great improvement,” said Singo.
Singo says at least 55 million kilograms of tobacco have been sold through Kanengo Auction Flours in Lilongwe and a total of US$96 million, roughly K70 billion, has been earned.
Southern region manager Willard Singo told Zodiak the money has been realized after selling over 126 million kilograms of the green gold in all five tobacco auction flours across Malawi.
“We are impressed with how the market is progressing in spite of few challenges, but this year we have seen a great improvement,” said Singo.
Singo says at least 55 million kilograms of tobacco have been sold through Kanengo Auction Flours in Lilongwe and a total of US$96 million, roughly K70 billion, has been earned.
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